SkyWater Technology

SkyWater Technology is an American semiconductor engineering and fabrication foundry, based in Bloomington, Minnesota.[2][3] It is the only US-owned pure-play silicon foundry.[4]

SkyWater Technology
TypePublic
NYSE: SKYT
IndustrySemiconductor manufacturer
Founded2017 (2017)
HeadquartersBloomington, Minnesota, U.S.
Key people
Thomas Sonderman[1]
ProductsSemiconductor
Silicon chips
Silicon wafer
Websiteskywatertechnology.com

History

The company was formed in 2017, when private equity firm Oxbow Industries acquired Cypress Foundry Solutions, a microelectronics fabricator that was previously a subsidiary of California-based Cypress Semiconductor Corp.[5][6]

In early 2021, SkyWater acquired an additional chip factory in Osceola, Florida,[7] repurposing the University of Central Florida NeoCity fabrication facility into a second fabrication site.[8] It expanded its facility and add 100 new jobs in 2021, partially due to funding from the Minnesota Department of Employment and Economic Development.[9]

Initial public offering

SkyWater Technology filed an initial public offering with the U.S. Securities and Exchange Commission in March 2021.[10][11][12]

U.S. infrastructure investment

SkyWater has been cited as an example of the infrastructure the Biden administration is investing in. On April 12, 2021, President Joe Biden held up a silicon wafer created by SkyWater as he explained that chips represents a form of infrastructure.[13][14]

On July 20, 2022, Skywater announces plans to invest 1.8 billion dollars into a manufacturing facility in West Lafayette, Indiana. The facility is within Purdue University's Discovery Park District.[15][16]

Technology

SkyWater produces semiconductor chips using 90-nanometer process technology on equipment designed to handle 200-millimeter wafers of silicon.[17][18] SkyWater works in the consumer, industrial, military & defense, and automotive industries.[19] SkyWater is a Department of Defense-accredited Trusted supplier, part of the DOD's efforts to secure a supply chain within the United States.[20][21]

SkyWater has collaborated with Efabless and Google to create the first open source chip manufacturing program.[22]

On August 21, 2021, SkyWater announced an expanded partnership with Rockley Photonics Holdings, focused on Rockley's health monitoring solution.[23]

References
  1. https://www.eetimes.com/skywater-ceo-expands-technology-foundry-model/
  2. Rehkamp, Patrick. "Bloomington-based SkyWater Technology files to go public". Minneapolis St Paul Business Journal.
  3. "Semiconductor manufacturer SkyWater Technology sets terms for $75 million IPO". Renaissance Capital.
  4. Moore, Samuel K (6 August 2018). "The Foundry at the Heart of DARPA's Plan to Let Old Fabs Beat New Ones". IEEE Spectrum.
  5. Reilly, Mark. "SkyWater Technology finishes Bloomington HQ expansion for 'rad-hard' chips". Minneapolis St. Paul Business Journals.
  6. Shih, Willy. "Inside SkyWater Technology's Domestic Semiconductor Foundry". Forbes.
  7. Ramstad, Evan. "SkyWater shares rise 20% as execs explain move to expand production capacity". Star Tribune.
  8. Reed, Charlie. "NeoCity back in business with tech firm replacing UCF". Around Osceola.
  9. Hauser, Tom. "Walz supports federal legislation to boost computer chip manufacturing". KSTP.
  10. Leopold, George. "SkyWater is Latest Tech IPO". EE Times.
  11. Manners, David (26 March 2021). "SkyWater to IPO". Electronics Weekly.
  12. "Semiconductor manufacturer SkyWater Technology files for a $75 million IPO". Nasdaq.
  13. Aoyma, Naoatsu. "Niche chip maker SkyWater plays key role in U.S. supply strategy". The Asahi Shimbun.
  14. Nellis, Stephen (13 April 2021). "Biden's chip dreams face reality check of supply chain complexity". Reuters.
  15. "SkyWater Technology chooses Discovery Park District at Purdue for $1.8B semiconductor fabrication facility, to create 750 jobs in 5 years".
  16. Clark, Don; Swanson, Ana (2023-01-01). "U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits". The New York Times. ISSN 0362-4331. Retrieved 2023-01-23.
  17. Moore, Samuel K (6 August 2018). "The Foundry at the Heart of DARPA's Plan to Let Old Fabs Beat New Ones". IEEE Spectrum.
  18. Lapedus, Mark (17 December 2020). "200mm Demand Surges". Semiconductor Engineering.
  19. "SkyWater Technology Foundry, Inc". OxBow Industries.
  20. Herman, Arthur. "Biden, Semiconductors, And America's Future". Forbes.
  21. Chowdry, Amit (24 August 2021). "SkyWater Technology Shares Increase Over 10% Pre-Market: Why It Happened". Pulse 2.
  22. Halfacree, Gareth. "Google, SkyWater Release Production Dev Kit, Offer Open Hardware Projects Free 130nm Manufacturing". Hackster.IO.
  23. Chatterjee, Manisha. "After Announcing an Expanded Partnership, is SkyWater Technology a Buy?". Yahoo News.
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